US Dollar Forecast – Dollar Forges Bullish Reversal but May Struggle to Maintain Lift The Greenback advanced against all of its major counterparts this past week, and the USDollar secured its strongest two-week rally since the May 2015 climb forestalled a bearish reversal. British Pound Forecast - Mixed U.K./U.S. Data to Foster Range-Bound Conditions for GBP/USD Mixed data prints coming out of the U.S. & U.K. may foster range-bound ...
Dow Jones Industrial Average closed up over 200 points on Tuesday. The move higher pressed into a zone of resistance near 17,928. Though we think prices will eventually dip into support zone 2 identified in last week’s report, the wave structure allows for price to bump up to 18,340 and still be considered corrective. In essence, we are looking for a downward corrective structure that eats up more time than price. In the meantime, ...
Ludovic Alleaume (1859-1941) À la campagne
US Dollar Forecast – Dollar’s Next Move Falls to Speculators Rather Than Data The Dollar started off this past week at an 11-month low and ended it with the best run since the early November climb that drove the Dow Jones FXCM Dollar Index (ticker = USDollar) to 12-year highs. Japanese Yen Forecast - Japanese Yen Could Trade Higher If and When this Occurs The Japanese Yen gave back some of its recent gains versus the US Dollar ...
Technical Analysis for the Trading Professional: Strategies and Techniques for Today's Turbulent Global Financial Markets by Constance Brown "Now in its second decade, Technical Analysis for the Trading Professional is the number-one go-to guide for market technicians seeking to improve their market timing skills ...